The Houston Rockets was sold for a massive US$2.2 billion, the highest price ever paid for a team in the NBA. The team and the buyer, Tilman Fertitta, has announced the sale yesterday (September 5 Tuesday), however did not yet reveal the exact price at that time.

The previous record for an NBA team was back in 2014, when Steve Ballmer bought the Los Angeles Clippers for US$2 billion.